ETHICHUB

This project is going to cut across two different areas, one is the area of crowdlending and the other is the area of agriculture (farming). Farming is one of the oldest professions in history and frankly i do not see how the world would survive if there were no farmers or any farming activities. We experience a lot of food stuff exportation and importation these days and those foodstuff are not being grown solely by machines and at the same time some are actually being grown by machines but even at that the machines have to be operated and guided through specified farming processes. Most people do not place any importance on farming at all and this brings us to the other part of this post and that is crowdlending. Farming is mostly done in really remote areas where the only likely profession is actually farming and this profession is really profitable as we all have to eat to survive; this is where the problem arises as many small scale farmers, mostly those in really remote locations to not have access to banks. Most of these farmers do not have the luxury of privately funding their farming business so they need to rely on loans or funding from lenders; imagine how difficult this is when there are no banks close-by.

This disadvantage they find themselves make them easily preys of extortion; they have to opt towards paying interests that are so high just so that they could get the necessary funding they need and it is not like they have any choice but to oblige and that is exactly the core of the problem. They get the funding and get to work and at the end of year, their farming yield enough but when they pay off the interests owed, their profits have already been seriously slashed. This is what they keep facing due to their geographic limitations. On the other hand, Lenders in much more modernized areas that have interests in funding a really profitable cause do not get to do that because they cannot find one to invest in also due to the geographic limitations but this is not going to last any longer, thanks to the application of the blockchain technology. The blockchain technology now makes it possible for the whole world to be connected even the most remote areas just by having access to the internet and an internet connection and with this Lenders around the world can easily invest in various profitable projects with really low amount of risk like farming or agriculture in general.

The Ethichub project is the very first blockchain project that is looking to dominate this niche of unbanked people all over the world, most of which are farmers or into agriculture and Ethichub aims at achieving this by creating a connection between small scale farmers and potential lenders. This way, lenders get to obtain really high returns for their money while incurring very little risk and farmers get to enjoy better interest rates.

Ethichub Token.
The Ethichub token, ETX is an ERC20 token with a total token supply of 100,000,000 ETX. Holders of the ETX token would have access and utility within the Ethichub platform to lend.

Roadmap.